Southern Energy Corp. (CVE:SOU – Get Free Report) traded down 15.8% during mid-day trading on Thursday . The company traded as low as C$0.08 and last traded at C$0.08. 571,250 shares were traded during trading, an increase of 265% from the average session volume of 156,697 shares. The stock had previously closed at C$0.10.
Southern Energy Price Performance
The company has a debt-to-equity ratio of 103.68, a current ratio of 0.37 and a quick ratio of 2.59. The firm’s 50 day moving average is C$0.13 and its 200 day moving average is C$0.13. The firm has a market cap of C$13.32 million, a P/E ratio of -0.19 and a beta of 1.17.
About Southern Energy
Southern Energy Corp. operates as an oil and natural gas exploration and production company in Canada. Its principal properties are the Central Mississippi Assets containing oil and gas production at Gwinville, Mechanicsburg, Williamsburg, and Mount Olive, Mississippi. The company was formerly known as Standard Exploration Ltd.
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